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Colgate Palmolive Factory Scrubs Up for Another Salford Office Scheme

As we reported back in May, the former Colgate Palmolive factory at Salford Quays has received the go-ahead for a renovation project, and work has now commenced on the ┬ú25m office space scheme.

The Soapworks project is set to create around 2,000 jobs, and will see the former boiler house regenerated to provide an “iconic, vibrant and exciting” site providing retail, accommodation, leisure facilities and 350,000 sq ft of office space at Salford Quays.

“It is a great project and we are very excited about continuing the renovation of this historic area into an iconic, vibrant, mixed-use scheme for the North West,” said Mark Harris, a director of The Carlyle Group, one of the partners of the scheme.

Phase 1 of the development will introduce office space ranging in size from 2,000 sq ft to 100,000 sq ft, with the development of other areas including a hotel and residential accommodation following suit.

According to the Manchester Evening News, Mr Harris commented that there has so far been “strong interest”, and potential tenants are attracted by the “architectural qualities of the building” as well as its location, which is close to MediaCityUK – one of the most publicised developments of the last decade.

Designed by Shed KM, the development of four floors of office space totalling 25,000 sq ft is expected to be completed by June 2011.

As discussed recently on our blog, the development of Salford Quays is progressing at a fast pace as many new and proposed schemes are coming out of the woodwork.

Simon Ashdown, development director at property company LPC Living commented recently: “With the BBC moving to their new base in 2011, Salford Quays is rapidly gaining national significance.” He added that all the investment in the area means that the region should “benefit directly”, and the local economy will profit from the creation of new jobs and inward investment.